The Rise and Fall of Netflix (Investors Are Suing)
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- Опубликовано: 12 май 2022
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Netflix has been the king of streaming for a decade, but recently the competition has caught up. Will Netflix survive? It may be too early to tell definitively but it's not looking good.
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who knew making your service more expensive while downgrading your content is a bad idea
It is, what it is…
Common theme in failing restaurants. Cheaper ingredients, higher prices. Drivers customer right out the door.
You forgot to mention going woke and donating to the wrong crowd.
Every rubbish café ever, classic model
I heard that they were shocked by the results 😂😂
It fascinates and baffles me that the company apparently did not see the correlation between the COVID-19 pandemic and the explosion of signups to their platform. It is as though they hadn't considered--and therefore were not prepared--that these same people would cancel their subscriptions once they were able to leave the house again.
this is hindsight, you do not know for certain whether the demand that was created during covid19 would stick or not. in my industry, canned food/bevs, the demand spike from covid19 is still sticking
This also goes for all the stupid virtual signaling shows Netflix wanted to produce.
I think they thought that they'd be able to retain those subscriptions.
tbf a lot of companies thought the same way like zoom or peloton
@@typicalnewyorker5993 virtue signaling bruh you can make an inclusive show that isn't shit
I stopped pirating stuff many years ago when Netflix was on its peak. I had everything on the spot for a reasonable amount of money and on top of that it was all legal. Then a lot of IP was pulled from Netflix and now I would need at least 4 different subscriptions to watch all the shows I love. I just can't and tbh don't want to afford that. The big players made piracy an attractive solution again. That's beyond me. I feel sorry for Netflix.
Hahahah indeed. Looks like back to pirating for us. Or download mod apks that allow free movie and shows if you are an android user. If iPhone, GG rich people no issues with subscription to life.
Seriously... I haven't paid for movies, shows, or music since 2002.
@@NativeTexMexican how?
Pirating movies was never legal lol wtf
I don't feel sorry for pedophiles.
Was on the fence with Netflix - gradually got sick of them making rubbish nobody wanted while cancelling good stuff. Finally got rid of it when I realised free content on RUclips was often better!
Thats 1 thing i hate over the woll withe tv shows netflix including canceling good shows 1 show or seasen is bad showing so lets cancelled it istead making it bether nope Nada
@@pguijt i had a stroke weading your comment
@@johnwicked1132 same
You're right about this, they start some good series but cancel them for bad ones because they thinks this is what people want
nowadays all they have going for them is stand-ups. everything else is the equivalent of a made-for-tv movie from the early 90s (absolute trash 99.9 times out of 100)
It's generally a bad sign when a company is losing customers and increasing prices, trying to squeeze more money out of less people for a lower quality product just isn't a great long term business model.
like ESPN has been for years now
It gives off the vibe of a company who realizes they've peaked and now wants to cash out before losing their market share.
cough! *blockbuster* cough
What a surprise ? When you go to a restaurant and pay a lot for crap you don't go back to that restaurant. Do you ?
we all knew netflix got a ton of subs due to covid and it would drop afterwards. netflix staff didnt prepare for this and lead hype - it'll go back to what it was if they start setting the correct expectations and providing real content & not overbuying shows at like 30million per ep like stanger things. they went full retard. once they buy more shows at a decent rate it can go back to what it was pre covid.
when pirating a movie/series is easier than searching across multiple streaming platforms to find the same movie/series then there is something wrong with the distribution model
Arr, a fellow swashbuckler, I see!
@@hailtothevic popcorntime here
there is a app that have all tv and movies from all apps in one and you can download to your phone or side load to your smart TV. all for FREE $9.99 lol. with 4k hdr blueray etc. the time of the low quality stuff on web are no more. I never paid for streaming apps my whole life. I only waiting for the new TOP GUN that has to watched in person lol
Honest truth is stuff isn't even worth pirating anymore.
@@sanriosonderweg exactly! Smh!
Fun fact:
This same thing happened a very, very long time ago with the advent of Cinemas! Each company started partnering with different Cinemas and to see X movie, you'd NEED to go to a Y cinema. Eventually sales started dipping and the government had to step in and say all cinemas are entitled to all movies.
This will, in my opinion, happen again soon with streaming services. Either that or they're all just gonna die out to piracy, its been sky-rocketing ever since splitting up the content. Pretty easy to see why. Companies are greedy morons lol; Smh.
Yup. If I want to watch the entirety of the Stargate Franchise, I have to have:
1) Netflix for the original series
2) Hulu for Atlantis
3) PlutoTV for Stargate Universe
4) Hulu with the cinemax add-on for the first Stargate movie
5) Multiple rentings for the Stargate movies, on either Amazon or RUclips.
And if another series finally gets produced, it will be on Amazon prime. I'm not fucking paying for all those services. Yo-ho yo-ho it is
This is a situation like the prisoners dilemma really. If company A shares its ip and company B does so as well then everyone profits as streaming services are easy and comfortable to use again. However if A shares but B doesn't then B profits leaving A to fail. So both A and B afraid of getting betrayed don't share which means they both suffer because the content is so divided among services that piracy becomes the better option.
That's why the gov. action would work, since you don't have to fear anymore that someone might get greedy and betray everyone since they would get sued. Another option would be if they all got together and made a contract that they can stream each others ips if they agree to share their own. But something tells me they're better at this when it's screwing the customer over rather than helping out.
@@ImpossibleOrange even with the scenario you're describing Netflix seems to have pushed themselves into a corner. Who would even want to pay for Netflix's trash inhouse content? what media suit in their right mind would look at Netflix's "Cleopatra" and think "YES, I want to pay money to have that on my streaming platform!"
There are simply too many streaming services diluting content, and Disney is too big. I've thought a lot this year about how nice it would be to have a blockbuster video store again. The selection was good, and it wasn't impacted by NBC, HBO, or Disney owning the rights to this or that.
You could rent to apple, Google and others.
Google, Vudu, Apple, RUclips - all services that provide the ability to rent just about anything
Really?
@@gbenselum yes, but Apple, Google, and Amazon have enough money and control over society. The local mom and pop franchised or non-franchised video store would feel much better.
take a trip down to oregon, that's where the only one left is
"Sifting through junk to find the gems" describes my Netflix experience very accurately for the month or two before I cancelled my subscription.
Same! I was subscribed since 2010 but I realized one day that I don't actually watch anything on Netflix anymore because any major show or movie has been taken off the platform. Scrolling through an endless wheel of garbage independent movies. We used to pay $7 a month for all of Hollywood and now they want us to spend nearly $20 for jack shit.
@@cemsengul16 100%.
The UX was like a terrible curse... you know there is stuff available on anext screen, but it gave you almost no way getting there. I would explain better what I want to a half-deaf Chinese on a market than to get it from the hellish UX of Netflix.
Same
@@cemsengul16 Going woke didn't help matters either.
Eliminating the reviews made it difficult to filter shows that one would like. No sense in doing this. Their algorithm in recommending shows specific to taste also seems to be poorly executed. I find myself spending more time looking for a show than watching. That’s when I quit.
Blame Amy for that
@@sleepless9994 I blame them for that. They were short sighted to protect her at the risk of the consumer.
Yep. Completely agree.
just avoid the red N of wokeness and you'll be fine
Exactly. After the endless scrolling to find something to destress me from a day’s work, all the more I get frustrated and end up turning it off and switching to watch random videos on youtube instead. I swear you tube’s algorithm is way more efficient to keep me interested and make me click for more.
Get your act right, netflix.
The problem really is that the competition isn't true competition. It's just monopolies who abuse IP laws by focing exclusives, thus spreading the market thin.
A streaming service should be seen more like a movie theater. You should be able to watch every show on every streaming service, and have them compete on price and features instead of content. This is the model you see on music streaming services.
what's your question
inbox me right away✅
True
Horrible analogy. Movie theaters make money selling food.
@@nikkingman a better analogy would be music streaming. You expect spotify, apple music, tidal… to have every song. They then compete on the details, like sound quality, algorithm, user experience…
Steam like thing would be great.
We are no longer in the golden age of streaming. Instead of one big streaming service that was a good price and decent quality we now have several lesser quality services that are way more expensive when combined. I don't really blame Netflix for where we're at.
Netflix is definitely to blame as well. They flood their own service with low-quality trash that no one cares about while simultanously raising their prices.
They’re more expensive (combined) because they are not subsidized by ad revenue.
There's too much competition. No individual service is worth it because all the content is spread out between all of them. At this point, piracy or abstinence are the only real options.
I've been a happy, paying customer forever now. Don't drive me back to the ocean matey!
That's pretty much how I feel. If it was just Netflix I'd be willing to pay for it, but with how fragmented the market is I'd rather just pirate.
@@austinME Yo ho yo ho a pirate's life for thee~
@@HakimJamil94 i discovered something better. I started going outside instead!
I've been pirating my whole life lmao
Nothing new
A few decades ago when the phone companies realized that 'cellphones' were the new thing, instead of reacting to the competition by lowering prices, they raised prices for local landline service and landline long distance, reduced services (hello operator?) and doubled the price to use a payphone. We see how that worked out.
Yeah! I've never had a landline in my name except for the college dorm phone in about 2004, and I didn't even plug that in. About a decade or so ago, I looked into landline service, just for fun (so I could jook up 90s novelty phones that I had wanted as a teen), and the prices made it completely not worth it.
Right now, in my apartment, I think that the only landline service I can get is through xfinity, and that's with a VoIP type box, so it's not even a genuine landline. At the time I first checked, the traditional local phone service was still available.
Well If you really think about it, since they know they'll have fewer costumers (and eventually none) it may be a better strategy to raise the prices so they can squeeze the most they can, on those who remain and have no choice than using that specific service
Ahem, worked well for them. Now everyone has a landline bill they carry around with them.
My parents always had landline just incase if something happened with cell phone and as home phone line but mostly as nostalgic and functional relict. Mom bought antique style rotary phone in 2020 but that time because sniffles caused economic crisis everybody become greedy and began to scam peoples including landline phone provider who didn't correctly connect her phone and ignored her calls and emails but in the end demanded to pay for services she didn't get. She refused to pay for something she never get and they began to add ridiculous penalty % and in the end cut off all services in including blocking her cellphone numbers and remotely locking fully paid tablet she bought from them. When business is doing bad they think increasing prices and scamming their customers is good business model to save sinking ship and all those highly educated CEOs can't predict even if they manage to scam some short term money in long term it will cost them more.
@@simplyincorrigible7708 yes but the original item is GONE from the landscape. As Netflix will be.
Netflix was awesome when it first started. It's actually pretty sad to see it's downfall. I appreciate everything they've brought to streaming services. Unfortunately, it's really is hard to find the gems now in days. Squid Games and Arcane were the only Netflix shows I've watched in at least two years, and that's only because people kept talking about it.
To be fair it's not really their fault - the content owners decided there was more money to be made by milking their cash cow fans and releasing their own services
Netflix's biggest issue actually has nothing to do with them specifically but with the market as a whole. When they were the only streaming service available they had an immense value proposition. Now with dozens of different streaming services, each with its own unique content, all streaming services, are have a significantly lower value proposition. Whenever people discuss the business of entertainment they keep forgetting the biggest hidden competitor: piracy. When the market has a convenient legal alternative that provides good value most people will flock towards it rather than sail the high seas. That's how Netflix rose to its dominant position. However whenever the market options become less convenient(say adding ads), and/or no longer offer good value(less content and more expensive) than many people will ditch them in favor of sailing the high seas. The music industry learned this lesson long ago, with Spotify remaining the king of legal music and now RUclips music starting to rival it. Hollywood needs to learn the same lesson. Competition isn't always a good thing, especially when the competitors resort to exclusive content to beat their competition. Since piracy clearly isn't the solution, what the streaming market needs is consolidation. There's absolutely no reason for small streaming services like Peacock, HBO-Max and their like to exist. All these smaller streaming services should be merged into the 2-3 top dogs and preferably either shy away from their own production studios altogether or share some of their exclusive content with their rivals, even on a limited time basis. Streaming needs to be affordable again for the amount of content we're getting. That's the only way for the industry as a whole to regain the upper hand from the pirates.
What Netflix does have control over is price though, and for some reason they keep raising it.
dude, let that text breathe a little.
Consolidating power is good for large corporations but not good for the common man. Competition is bad for powerful corporations but good for innovation and the common man. The biggest problem with America is that lots of businesses are consolidated by large corporation ,therefore a new enterpreneur doesn't get get a fair chance.
Next time, if you're going to post something this long, chop into 3 or 4 paragraphs. Your "comment" is an eyesore.
Exactly, in the words of Gabe Newell "Piracy is a solution to a service (convenience) problem."
Honestly, the price increase combined with the drop of quality of their original content just killed it.
Series like black mirror and Arcane are not the rule, but the exception.
Exactly, they just keep milking the same concepts and in some original series you can tell they try to save money
Or they cut the good series after one or two seasons…
Ozark is amazing.
Netflix quality always was mediocre
I also dont like their suggested series and movies. Same recommendations month after month, very annoying
I think piracy still increase again when you basically need five or more streaming services to view what you want. That makes it easier to pirate than pay again. The problem that Netflix and Spotify solved initially.
I dont think Spotify will fail though, unless major record companies decide to sign exclusive deals with Apple Music and Spotify, which is pretty much what is happening here.
already has m8 i can watch al these for free. every channel every streaming service.
@@pop_3310 Totally agree! For music it still affordable and simple enough to get more or less all music. But if I needed five streaming services to listen to my favorit bands, I would find other solutions.
Personally I believe that the best way to limit piracy for movies is to release them digitally the same day they open i theaters and not make exclusive.
Maybe they could be included in a Netflix subscription of Netflix produced it, but why not also sell it at iTunes Movies, Google Movies, etc?
I think Disney+ has done this for some of the movies.
@@pop_3310 only issue is apple music’s audio codec is vastly superior and when apple actually has hardware to support their lossless audio later this year.. idk man spotify looking hella sticky in the near future
@@DineshKumar-cp5qq which woke shows on Netflix said that lmao
Netflix always had the issue of being a small fish in a big pond. In some ways I had a soft spot for them as they were the little guy standing up to the big playground bullies and they dominanted for quite a while. It was great to see.
But the moment Amazon and Disney entered the market, you knew it would be game over for Netflix eventually. These companies have huge financial backing behind them. They don't just rely on making money through their streaming services. Amazon's main source of income is through its online shopping services while Disney, well, take your pick. A global behemoth of an organisation. So even if their streaming service does lose them money, they can withstand it without any difficulty. This is not the case with Netflix as their only source of income IS their streaming service. This is not sustainable when you consider how much more money they were ploughing in each year for creating new content just to stay competitive (the numbers were getting ridiculous); the fact that subscribers could cancel anytime they wanted to (which always left them exposed to a drop in income or company value overnight) and their ridiculous deficit they've always been operating at. Add to that some of their greedy business decisions such as price rises at a time when the cost of everything is rising anyway and you have an extremely flawed business model. So now it only seems to be a matter of time.
I do still see a future for Netflix though but not as a streaming service. My prediction is that they will go under and then become a cable channel and show repeats of all their previous content. Alternatively, maybe outsource their previously made content to other cable channels (or dare I say it, other streaming services).
Amazon main stream of income is not ist online Shopping Service
Ist aws their cloud service
nah go woke go broke
Running a studio is not cheap. Maybe that is what failed them so. And also, creating new contents, should.. Well they should look at YT, or even for other countries, and their back logs as well.. and make sure that they have a decent "right" to lock them to them only for a set period of time. And yes, diversify then... Or consider merging with other companies etc. i.e. Uber, or delivery companies to include food AND movies together as a deal.
Love your channel bro the music the narration voice it reminds me the days of Nokia's peak in smartphones when technology and and entertainment was a rare thing to get handy... And love those days of Nokia 7210 supernova and 5130 express music....
The price increase was the last straw. Coupled with the lack of older content. It's no longer the product originally sold, a movie rental business that had a wide selection. Browsing Netflix now feels like when you went to Blockbuster and found the new release wall empty and then wondered around the store to find something to take home so your not empty handed.
Well Netflix also going to introduce Ads
Yes, me too.
They lost much of their content, yet instead of adjusting their pricing according to the quality of product they are offering, they opted to overcharge, now of all times when everyone's finances being hammered?
So after being law abiding citizen for almost 10 years, I'm back to piracy as of this April.
and not something you really would like...just anything really
this comment is underrated!!!!! exactly how i feel!
Imagine if they’d cancelled Breaking Bad half way through season 4 or 5 even? That became their inexplicable business model which unaccountably squandered all good will between them and the creative industry, and their audiences.
Two years ago, parting with Netflix would have felt like a sacrifice. Now, everyone has another streaming service they’d rather keep and Netflix is way down on their list.
Two things the public are sick of: when a movie flops and they know that means it will soon be on Netflix (thanks for nothing, Netflix) and hearing the word, “algorithm.” The dumbest robot in the world cancels all our favourite content and now they want us to pay more for adverts? Not happening.
The problem with Netflix can be summed up in one sentence, they are producing content showrunners want to create instead of content people want to watch. They utterly fail when it comes to second seasons, but that's normal these days. Netflix was meant to be the revolution, no adverts, paying for only content you watch and none of the cable TV stuff, where you pay for 100 channels of crap that's watched by 3 people, but it's turned into exactly the beast it was meant to replace, expensive, adverts and a catalogue that's a big pile of crap.
Hollywood learned in the 1970s not to let “creative” run wild.
I feel like Game of Thrones kinda ruined TV - everyone wants their GoT
every single netflix original movie apart from don't look up has been a huge disappointment for me. The George Clooney space film just ended, bird box didn't have a satisfying conclusion etc.
Nah, it’s just competition. Too many rivals who have taken back all the ‘sticky’ content like friends, the office and Star Trek. Stuff you just put on in the background or when you can’t think of anything else to watch
This is Obama’s push. He is part of the board of Netflix…Woke agenda was pretty much unwatchable.
Sweet, so now instead of paying a high price for cable, we pay a dozen low- to mid prices for streaming... And somehow we feel as though we're beating the system
When you start living in lack and draw attention to yourself you will end up attracting that to yourself.
If a customer plays for 4 accounts it shouldn't matter where the accounts are accessed as your paying for the ability to access them.
What they should of been doing is lowering the price to lighten the load of the cost of living for families who need cheaper subscriptions and got companies to advertise so that they can still see protential growth for 21/22.
When your not customer focused and you take your eye of the ball for a second you will find yourself in shark invested waters.
Also when you don't own the content that is being consumed it can become a liability really quickly.
What they should be doing is building their own studio so they own the content they are producing and this would of allowed them to sell it to other digital platforms over time and if they kept on doing this they would have eventually been in the green.
Reason why you want to have you own studio is because it allows you to sent terms of agreement and pay of production.
When you buy content and is extremely popular you can pay to heavily for it and they can pull the plug anytime on you.
And it can involve heavy law suits.
Great video as always, but you forgot one HUGE point, relating to their business model itself. It's not like Netflix no longer produces good content, they occasionally do. Key word occasionally. For every good show, there's an absurd amount of junk produced as well. Instead of striving for great content, execs and production just strive for content in all shapes and form. They're the Nick Cage of the streaming world, they'll greenlight anything no matter the quality just so their platform can be filled with stuff. This results in hundreds of millions being spent on the production/distribution rights and marketing of junk shows and movies that nobody cares to watch or get critically panned. It's not like other streaming services don't do this, but Netflix does it FAR too much and the company has no alternative sources of revenue, contrary to say Disney and NBCU, which have, for example, their theme parks. Netflix needs to stop acting like a tech company and start acting like a movie studio.
Yes, the quality varies wildly - some is so bad a cringe is not metaphorical - you catch yourself in the act. Series can also have GOT disease - an infection that kills a 3rd or 4th season, etc, ......
for the most part agreed, but you also are thinking from a critical perspective - how many of your friends / colleagues see a movie and say it was great, best movie ever! etc but in reality it had a terrible story, too vague, bad script etc..but people just watch something and think it's great. Also, netflix learnt very early on that they didn't want to not own things being streamed on their platform. This point makes me wonder how much their catalogue is worth.
I don't think they have the option to be picky. Basically all popular video media (movies and series) are owned by major companies, and most of them are moving to their own streaming service. They see the writing on the wall that in a certain number of years or decades they will have no more content. So they are scrambling to get enough content to be able to justify a service, whether good or bad.
Definitely this. I never agreed with valuing Netflix like a tech company and not an entertainment company, it's like calling Allegiant a travel agency and not an airline. Netflix is so overdependent on fixed subscriber prices regardless of how much they spend on content, and only a limited amount of those shows can make more money on licensing or merchandising. Basically enough to subsidize a fraction of what they cancelled. They're also forgoing another revenue stream without ads. How this company was ever valued more than Disney just defies logic. Investors expected endless growth but Netflix doesn't have much runway left, if at all.
@@wingedarr0w yeah exactly that’s part of the problem as to why they feel the need to go HAM with content rather than produce high quality good content. They just don’t have alternative sources of revenue as well, partially due to another factor: they do a terrible job merchandising their shows and movies. Their biggest shows and their kids shows don’t get nearly enough merchandising attention, and that’s where the company can find alternative sources of revenue as well
There are far too many streaming companies, and something has to change moving forward. Either a lot of them will die off to make room for a few favorites, or a second layer of companies will make deals with batches of streaming services, and then push bundles until we're back to cable, but over the internet.
The problem is Netflix used to have great content from all networks for a low price of $7 a month. Now they don't have jack shit and expect you to pay more.
It's already happening. My cellphone provider includes a subscription to their own video app with the plan I have, and while the basic catalog is pretty mediocre it has the option to rent movies and add subscriptions to other streaming platforms within the phone plan itself, it actually includes Paramount plus for free so all the Star Trek stuff that's being removed from Netflix is showing up in there. It really is cable TV all over again, but actually a bit cheaper.
This is already sort of happening.. my parents are old so they still watch cable tv... i recently saw that their DTH company has rebranded into a amalgamated platform where they are offering cable channels and the content of a number of streaming services all in a single place with a subscription model. We're back to square one. I predict internet-cable.
If you add a middleman the prices go up. That’s not competitive, and one of the reasons streaming services have taken so much market share from cable
I just switch between the services I’m in the mood for. I don’t normally pay for more than one service in a month.
They changed their user interface about a decade ago. I complained to them that it was not conducive to finding shows I wanted to watch. I was dismissed and told they were making an interface for all platforms - easier to maintain I guess. Also they offered wide ranging content, including classic movies, etc. Now, not so much.
its so easy to blame piracy but since the beginning of online piracy has always been there and when netflix was in the top piracy was still going! obviously bad corporate decisions brought them to fall! downgrading quality content, cancel show series, limited account restrictions is just a fre to mention that there is no one to blame but netflix itself! they got greedy and couldn’t handle competition enough to bring up the heat and level up!
The $100m they paid to Prince Harry and his wife instead of making better contents to subscribers is a clear indication that this company lost focus and run by idiots, that money could have easily help keep prices down and more contents, we left Netflix when prices went up again but knowing they have so much cash to waste than to give me value for money is just a no no for me.
Netflix eventually was headed this way regardless. There's nothing special about Netflix anymore compared to 10+ years ago.
There's just to many streaming options compared to back then. And there losing content from new competitors.
The Office leaving Netflix was definitely a big blow.
That is definitely one of the most watched TV shows on Netflix even if you seen the episodes 100 times for some reason it doesn't get old.
You may not like the drama surrounding the royal family but statistics would prove you wrong. Just like I don't care about the trashy Kardashians, but still they have millions who do follow them. If Netflix had signed them up they would have made even bigger piles of money.
I agree with JDBass and have read articles that there is just too much content out there. But how quickly we forget that part of Netflix's success was their original content. Previously awards shows were won mostly by Netflix. The list of movies and shows they made that had everyone watching pales in comparison to all the other services. But true, they aren't keeping up and I predict that Disney will overtake them because they are a studio that added a streaming service. Netflix is just a streaming service. They desperately need to combine with a studio like Columbia or some lesser one.
@@rabbit251
The Kardashians mastered a new genre. They had a talent for it and worked hard. Harry was born into the royal family and his wife married into it. They have shown no talent for anything but bashing the royal family.
@@castlerock58 Kardashians have talent. That's funny. Like saying Trump is a good businessman. They're only good at PR, nothing more.
@@JLB00333 And royals brand is how old? (Which is the main purpose of their brand. Plus they have some really nice castles that no one would ever be able to afford. Both are nothing but drama, though, basically).
The problem as I see it is exclusivity. If I want Game of Thrones, I need HBO. If I want Mandalorian, I need Disney+. If I want Foundation, I need Apple TV. For Halo, I need Paramount+. And for Stranger Things, I need Netflix.
That exclusivity divides the streaming landscape and pushes up my streaming bill into cable bill territory. That is a real problem that won't go away until exclusivity is solved, probably legislatively.
Used to be the movie studios owned the theaters, and if you wanted to see a Paramount movie, you HAD to go to a Paramount movie theater. I think Congress was right to step in and break that up. You could be a content owner, or a content distributor, but not both.
I think that idea would work wonders for streaming as well, so that I can watch EVERYTHING on Netflix. Or of I don't like Netflix for any reason, I can find EVERYTHING on Amazon, or Hulu, etc.
The bright side is all of those services are cheaper than cable tv!
@@LarsonChristopher Not when you add them all up. And "cheaper than" isn't the same as "cheap".
I want EVERYTHING for $20/month.
This is classic divide and conquer. They are all doomed unless they share their content. I have no sympathy for these services when they complain if password sharing.
Pirate it duhh. Its really easy too. Plus if you have a weak system, it plays better.
right on the head! Netflix changed everything when it produced its own content.
The average revenue per user growth for video streaming services has basically flatlined, it was increasing 10% YoY for ~5-6 years, but it’s now expected to be shrinking down to ~1.5% growth YoY by 2026 (slowly drastically, meaning they’re basically at the point where they can scrape the most revenue per user)
The total revenue growth is also expected to slow from ~25% in 2015-2022 to a more stable ~5% by the late 2020’s (Decreasing rates or revenue by user and decreasing amount of new users joining basically)
Once you combine both these stats, and see the total streaming market is worth ~60BN, with only 50% of that being consumer and the other 50% being commercial business related stuff, NFLX’s market cap of 240BN+ was clearly absolutely absurd, the streaming market itself would have to grow early 10x for that to be possible, 20x if u account that Netflix isn’t the only company in the sector and they won’t have 100% market share
Nice concise, documentaries with not too much fluff and straightforward to the point.
Couldn't agree more with the fact that consumers are now spread too thin. It was obvious that with more streaming options to appear the quality would go downhill. Especially when companies owning original IPs jumped in, HBO, Disney... In the end this industry will start to do like the gaming one buying each others out one by one, until there's only two or three big services suppliers.
We're going toward an era of industries led by Hyper Consortiums with numbers that will redefine business profitability.
And the winner in all this? The pirates, especially those operating their own Jellyfin servers.
HBO max and Disney plus are basically the only ones worth signing up for. I do use Netflix for squid game. But I password shar it. If they get rid of password sharing, I’m pirating the show.
i found myself subscribed to Netflix for 14 years , hulu , Amazon prime , Disney , RUclips premium , and HBO ....
Netflix seems to have zero idea about my taste after 14 years of data , it takes the worst cultural tastes and turns them into a cartoonish archetype for most productions ... but it keeps producing worldwide hits .but I'm impressed by HBO , the next step on this content war is pretty obvious.
Yarrr! I be ye olde pirate, have some elementum from my kodi bag ye swsshbucklers and take some ye olde debrid with your preiumizer at thst: 3 bucks a month for every show and movie on the planet whenever wherever you want
Or - we'll break out our old PS1's... XBox Ones (modded, of course!) and just let the idjits be idjits.
When I'm honest... the dilution of the streaming market is my reason for nearly canceling Netflix (and it's still on the cancelation list) with Netflix, Disney+, Amazon Prime, HBO Max, ESPN, Videoland (NL), Viaplay, Apple TV+ and my cable subscription. There is no way for me to see the series and movies I like. They are all over the place. I quit downloading entertainment because of Netflix. But now there is no way for me to enjoy what I want and still being able to afford it. Making piracy a viable option again.... investors are f***ing up their own market.
Stop met al die abbonementen ZSM! Je mist ze echt nooit als ze er niet zijn geloof mij!
For a while a bunch of us just shared passwords around, so we could cover all the subscription services and still see everything. One friend had Stan, one had Netflix, one had Disney. But now they're demanding we stop doing that and cracking down on sharing passwords, making it less viable and they're just gonna lose more and more customers. The convenience of a streaming platform is the only thing stopping people pirating and pretty soon piracy is gonna be more convenient once again. Same cycle as what happened with cable. They never learn.
I rotate services, 1-2 months on and then off until next year.
Is the consooomer waking up? Probably not. But it’s nice to see doormats like you think about things occasionally
One large omission in this piece is their demented level of deficit spending, which had to be financed by yearly rolling over almost two billion in short term debt. Another company suckered into growth at the expense of profits (something they've never had) by synthetically low interest rates. That access to massive amounts of essentially free money (then...no longer) allowed them (like so many others) to wildly waste/misallocate money. They're known in town for overspending on EVERYTHING (Hollywood's most favortive type to do business with!) One small but representitive example: music licensing. They'd pay so much for music that other content makers lost access to songs Netflix hadn't even used yet as labels were holding out WAITING for Netflix to license it at their hugely inflated prices (they wouldn't use it if someone else recently had.) Another ridiculous waste of money...they locked up stages and even LOCATIONS in hot filming areas (such as the Atlanta area) that they MIGHT use in the future, paying crazy option money just in case they wanted it (so I HEAR with these examples...I don't know FOR SURE...) That is NOT how to run a profitable/sustainable filmed entertainment studio. In the end, Hollywood rolls EVERYONE...no matter how sharp and savvy they think they are. It is a business/town built to seperate the 'new hot' content makers from their money as quickly as they can. And in the irrisistable and intoxicating world of glamour and bulls*** that is showbiz, they always do. Now the bills are due and they're trying to fob them off on the consumer, who's not having it.
Nice rant! Thanks 😁
its like whoever is in charge of netflix does not even have the most basic understanding of its consumers. They crack down on password sharing(they were losing profits, so maybe this by itself could have been acceptable, but overall i think it just served to annoy people), they keep raising their prices for a worse and worse product, and they have begun to release their seasons over time instead of all at once. one of the major parts of the netflix model is being able to binge a series, and by removing that they come off as greedy and extremely out of touch. they quite honestly deserve to be sued.
For me it was the fact that when I went onto Netflix I literally couldn't find anything that I wanted to watch. I had been bitten too many times by their terrible cheap boring sci-fi films that I just didn't consider watching them any more, likewise with pretty much every other genre, it felt like a scam. Even when a new series was good, they'd deliberately not put as much effort into the 2nd season because they knew people would watch regardless (The Witcher). Then they kept trying to suggest all the new awful reality shows they were pumping out. Most of the original content (like 95%) was garbage, they needed to focus more on creativity rather than trying to come up with a formula that pleases their own algorithm.
Exactly like why can’t I see “Legends” by Tim Brady without using an VPN?? Pathetic
And those shitty animated shows that all use the same artstyle.
Doesn't matter if it's Hulu, Netflix, HBO, Showtime or Amazon, we all find the few great shows and then get bored with the platform.
Their shows suck, to me it does seem like over-diversified crap. They pushed their diversity politics into the show creation and lowered the level of everything. From network name brand shows to self-produced diversity crap and reboots. A gigantic failed investment.
That's happening to me now. My dad wanted to pay for it for the family, but now I can't convince him to cancel because that's the only app our TV let us watch (and RUclips). My brother brought us a Chromecast for the biggest TV (it's kind of old) and I will pay for the best streaming platform that I can find, maybe that way I will convince him.
I remember subscribing during Netflix's first year, amd was gobsmacked by how many old and classic movies they had. A few years later, their catalog had shrunk to a tiny fraction of what it had been and unsubscribed.
In small country's like mine in Romania you get few movies and shows, mainly netflix originals, i do not understand why they do this, i think the price is lower than in US and that is why , but still, for a 4k 4 accounts i think we pay around 10 euros , i am paying a friend a part of this money and he has also 2 other friends sharing so it comes 2.5 euros per person.
@@valerius39 you doing the most that’s why
they legit used to have shit like family guy and futurama, both of which are only on hulu (probably more)
Netflix pioneered streaming and that was their downfall. All the cable and private channels started creating their own streaming channels which took away from Netflix’s catalog.
@@HowManySmall Disney+ also has Family Guy and futurerama, also american dad, the cleveland show etc
Something I personally don't hear a lot of people talking about with Netflix is their recent trend of splitting their biggest shows into multiple parts (Ozark and Stranger Things). This, to me at least, screams that they're just trying to string people along by arbitrarily staggering the release of their biggest content in an effort to hold onto subscribers longer. They know that once these shows finish, people will start to unsubscribe, perhaps to re-subscribe again when the show comes back. I wouldn't be surprised if they start staggering their content even more until we're back to one episode a week like cable. This would be another huge negative as one of the things people loved about Netflix (and that they were the first to do) was binging an entire series at once and not having to wait. You could reach the conclusion of a story in a couple days, not a couple months.
Most of the other services have gone back to the weekly release model the binge model has become outdated cause of the long wait times in between seasons it gives viewers more time to get invested in something else and forget all about that show cause it took Netflix nearly 2 years to get the next season out with the weekly release it keeps the show in peoples minds longer cause they have to keep coming back to see what happens next and keep them talking about the show longer instead of for like a week or so then forgotten about stranger things season 4 hasn’t had the people talking like the show used to
Netflix got greedy during the pandemic, it poorly predicted the shift in spending and how expandable a service it is. The fact it's not lowering prices to be more competitive is crazy.
nah it went woke and is going broke
Imo Netflix started dying when they chose to ditch their (great) algorithm to recommend stuff based on your viewing experience and ratings (5 years ago I think). Suddenly all my recommendations were 90% shitty shows (mostly being Netflix originals of course), and getting worse every year. They VERY intentionally chose to pick inflating their view numbers over the viewing experience of their costumers. After that they clearly picked quantity of quality. So like you said, the quality just kept getting worse while the price kept rising. It's ironic that the only reason I was still subscribing is because I was sharing my account. I didn't want to let down a friend, so I just kept it. And now they want to crack down on that too, stupidly thinking they'll gain subs. They won't, they'll just lose even more. I'm done with just giving away my money to a company that doesn't give a shit about providing a decent product. I'll hop between different services and sail the high seas again.
Agree. I also am frustrated by the user interface. I wish it was a bit more like youtube where the watch history was more detailed and searchable and that you could create playlists and click the dont recommend /already watched button. Am sick of seeing shows in my list ive seen or will never watch.
It would be good also to have a notify button in the lists for new episodes of series on your playlists.
I think it's partly the spread of licensing. If Spotify had 10 big competitors and all music licenses were spread out over all services, with huge gaps of content on all of them, people would just start downloading the files and go back to using mp3 players (or using their smart phone as one).
I think this is what's happening to video. Torrenting is seeing a golden age of content currently, with all these behemoths pumping out fresh content for market share. Meanwhile you can just pay a THIRD of the price of ONE subscription on a VPN, to gain basically risk-free access to ALL of the content.
you do not get access to all content just by pirating, you still have to sift through a billion sites, really cant compare that to like going on netflix... what
This exactly, the big issue I see with the modern streaming concept is it's hard focus on monopolizing content and due to that and knock on effects on that (increasing price and increasingly worse consumer experience). Meanwhile music streaming doesn't really see any piracy issues anymore, mainly because audio streaming services don't monopolize content but rather compete on quality of service.
Just imagine a world where all big music labels like Sony, Virgin, Universal, Warner, etc. had their own streaming service and those being the only place you get their content as well as monopolizing every album that get on one of their platforms. Nobody would be streaming music.
@@germgoatz2014 bro you have no idea about pirating I guess.
There are sites that are called trackers and you pay approx 5-6 usd per month and have access to over Petabytes of collection, so yes it probably has everything.
You literally no more need to go searching, you get everything in one place, it's just that in the beginning, it is hard as payments are through crypto or other anonymous methods and even registering an account requires strict verification or referal from already joined members.
you also can't join whenever you want, they open registrations for a short period of time and people are informed about it only by referal and other means, but if you know what you looking for, you can easily get in.
I t
@@MarcSpctr I can download 95% of the things I search for, without viruses, 100% free. Takes just a few minutes and it's playable on my computer. Another few minutes to put it on a hard drive and plug it into the big screen. I could download every 4k movie that came out in 2021 in an afternoon while I run errands.
Hey what's the dope ambient music at the end...a m d why is your mega mix vid gone...was it taken down
Never thought of that but yeah, it truly brings Netflix to the normal model of tv, which is very saddening
If Netflix would focus on *quality* over quantity then I think they would still be worth the subscription. So many great shows were cancelled and having too many options to sort through doesn't add value to their service.
Agreed. Their biggest problem was that they rushed to put out content and never bothered to try to build a fan base for their original series it was just one after another after another.
@@Knuckles549 only thing Netflix has done right in the last 5 years was stranger things
Interesting fact - in smaller countries like mine Netflix is a shell of what US consumers get, even what Canadian Netflix offers (which I know is far from good). Whole shows are missing, sometimes shows have only one season out of a few released. You get mainly Netflix originals and whatever Netflix is doing with this model, it's not okay - you pay for nothing.
I've noticed that while staying outside the US. it's absolute robbery!
Their shows promote discontent, anger and anarchy. Who would want to watch that?
@@davidlafleche1142 which shows are you referring to?
@@mequable "Everything Sucks!" was a typical example. Netflix wanted to promote the worst in human nature.
Yeah, all we get is the dreaded Netflix originals aka braindead plot United Nations cast (the diverse cast is supposed to lull us from realizing that we're watching mumbo-jumbo)
I used to subscribe netflix because I was starting over and tried to live an honest life. Back to a pirate life again now.
I stopped using Netflix when I stopped being able to search for the content I want instead of them dictating to me. In the early days of Netflix you had access to their entire database of titles (Like Blockbuster in your mailbox) - but now you are massively limited by what they want to 'push' to your device, the same show might pop up in 10 different places when browsing, and you have no control to stop or influence it.
Even using the search function only gives skewed results now. Freedom of choice was the #1 reason I tried streaming!! Once I lost control to algorithms and profits - I was OUT!!
I read an article about Netlfix and their penchant for cancelling new shows. Apparently they just make WAY more money on shows that last 1-2 seasons than on longer-running programs. The production costs are low, the actors and crew are less expensive, and they make a killing on ads and merchandise because of all the hype. After a show is on for a while the actors and crew expect more money and production costs tend to increase, so Netlfix pulls the plug. They’d rather take away something people like than pay more to keep it going. “Stranger Things” would be an exception: by far one of their most expensive shows, it just happened to premiere at a time when “one-and-done” shows weren’t really a thing so it basically got grandfathered in
If someone stands to make a profit off of something they will and they’ll ruin it in the process. TV, music, sports- you name it and money has messed it up
I think you nailed it with: “why would consumers pay more for content that is slowly dipping in quality, with shows that run the risk of being cancelled.” I think that, in combination with a rise in the price of living, is what Is driving customers away
They canceled Bojaaaaaaaaack. The creators had more planned. I'll never forgive that, especially given how relatively cheap animation is to produce when compared to live action.
What's funny is the LaTimes did a interview with me, and that was my reason for cancelling, the low quality shows and popular ones being cancelled.
They cancelled Marco Polo when it was just getting started. I was sad.
I resent the LGBTQ++++ getting forced into every category. The WOKE content made Netflix unwatchable. You cannot pay me enough to watch Netflix's terrible content now.
@@davidparker9676 im glad it offends you, because its gunna keep happening and when your dead? still keep happening.
in fact i hope in the future being straight becomes either illegal or the unusual... i pray for times like these. Same with whites becoming the minority like projected. Its about damn time we stop giving them any attention.
The problem with Netflix is that they never have the shows and movies that I want to watch. Sometimes they only have a sequel or even take shows down that I saved and want to rewatch. The only reason I'm still on Netflix is that I haven't yet found a platform that is better for me
just pirate lol
join the pirate club, you have every movie at your fingertips
@@sleepwalkersqueen2420 Sadly I can't find most shows I want to watch for free :( Might me a location thing bc I live in Germany. But if you know a useful website don't hesitate to tell
Nice overview, but missed the streaming/mail-order CD split and kerfuffle.
It's not the subscription cost. Or even the threat of adverts. It's the content.
Go woke, go broke
Says literally everyone
Yeah and the canceling of good shows after 1 or 2 seasons.
stay woke get broke
And the fact they keep paying lots of money for popular IP rights only to then make a garbage show that in no way resembles what made that IP popular. It's like they're actively trying to fail as a business.
Netflix made two major mistakes. One, investing and catering too much to the minority of subscribers. Two, charging more money and continuing to provide less and less to it's users.
Lately from last 1 year, I noticed almost all new series is based on women leads or people of color Wth..am I the only one who felt that way?!
No issue with women lead characters or minority oriented shows - but then if it's 90%. Then it's indeed an issue.
I don't remember when was the last series I liked - I still have the subscription though - Just not interesting as much as it used to be.
Every month they push another group’s content. Why can’t they just see what I like and recommend similar content. Put other content into “feeling lucky” and let the subscriber decide.
I use Just Watch to curate my shoes and recommendations.
@@rajesharihant The funny part is when those women of color (LGBTQ+ as a bonus) are on stage accepting some stupid award at some stupid award show.... they will give the usual self-congratulating spiel about how heroic they are for breaking some non-existent glass ceiling, while everybody is forced to pretend they are vastly underrepresented in mass media and clap enthusiastically!! It's all so tiring and disingenuous. The only group that has a right to complain about representation are Asians... and yet they hardly ever complain about anything.
@@rajesharihant check out Ozarks
Even minorities don't want to see minorities on tv
I can't believe this really had went down with Netflix.. there was actually a point early last year I wanted to empty my savings on Netflix with the word going around that more people are considering it as a great investment. I think this is actually a valuable listen to not rush into something with out giving it some time to unravel its path.
Considering how long Netflix has been out it sounds like you really just missed the wave if anyting. You could have made a lot of money had you decided to invest way before last year
Maybe don't rush on anything and never put all your eggs in one basket (critical investing advice)
The time to invest in Netflix was 2009, not now. You're over a decade late. Also empty your savings account on dead stock for a dying company just because some shill clickbait on the internet told you to? My god people today are such total absolute morons. Netflix will be gone by next year, guarantee that. It's lost 70% of its value in a year and will continue to plummet. There has been a 2 million drop in subscribers since the start of this year alone. It's on life support and has flatlined, and the time to pull the plug on it will be coming shortly.
Everything was doing really well until #BidensAmerica hit.
Anyone at Netflix who supported "Cuties" deserves to lose their jobs
Dark memories
Rather, don't give any money to netflix.
Get woke, go broke
Exactly
I'm guessing you haven't actually seen the movie, have you? Just spouting whatever Tucker told you to think.
What happened is that instead of paying 10$ a month for all types of our favorite movies and series now every stupid media company has decided that instead of renting the rights of their content to Netflix they will just open their own small streaming services… splitting the product you love to many services costing 15$ each…
It's like all the RR companies cutting each other's throats...
_Meanwhile, the automobile comes around..._
and then you have disney being an idiot opening two different streaming services when they own fox in its entirety, and excluding content from it's vastly more popular service because it doesn't fit their brand image. Fucking garbage company.
Its just cable TV all over again
Netflix started as an alternative to Network and Cable then, they took a left turn and became the enemy.
It's the cancellation of popular shows without closure that gets me. I've just uploaded my own failure of Netflix video, this video formed a lot of those opinions so thanks for that 👍
I got tired of Netflix after they constantly cancelled every show I followed. I read that it was because of contracts making anything past season 3 very expensive but thats a problem they should have fixed yesterday if they knew that. Anyone that doesn't look into the financial reasons their show got cancelled after investing time into a show is going to assume the worst and they have.
Justice for Marco Polo
Same here.
They cancel shows thats way they have money to produce brand new shows. They realized a hyped up show like tiger King will sell a lot of new subscriptions while sequels dont sell anything. The irony is that them canceling shows is canceling more subscriptions than new shows are selling though.
I think you left out an important detail in the Netflix/Blockbuster situation. Blockbuster didn't "laugh them out of the room". Blockbuster said no because they already had a DVD Rental service in the works. At the time of the Netflix meeting, Blockbuster had just scored their funding from a well respected company. One that was definitely going to be around for a while. You've heard of them, too. It was Enron that was going to partner with Blockbuster to develop Netflix's competition. And, well, we all know what happened with that.
Damn. They were so unlucky.
Damn lmaoo
When Netflix first started as a DVD mailing service, all it did was fuel pirates. I knew tons of people that rented the DVDs, made 40 copies of each and sold them for pocket change.
Then, the streaming service... when it first launched, it was junk. Old TV shows, B movies, etc... it's very rare they would get a good title on it.
Fast forward, they started getting actual hit movies for people watch, but that collapsed when studios just pulled the content off and put it on their own service. Netflix's business model of media saturation doesn't work. 99% of the content on the platform is dead. Them financing movies and shows only provides temporary shots in the arm.
Netflix will go the way of MySpace in 10 years
or blockbuster
more like 5 years at this point.
they need to innovate more. It would be cool to see a comment section, watch party to see with other people in real time while having live comments kinda like streaming in a way but for content and maybe more interactive content with choose-your-own adventure that has lots of replay value. That would make Netflix more fun and unique to use.
From 6 Euro/month to 22 Euro/month within 10 years is almost a 400% increase. My salary did not increase by 400% within the last 10 years. The Netflix library has not increased by 400% (it actually decreased since Disney took everything away that is under their Umbrella). I pay more year after year and receive less. For the first time I have actually considered cancelling my subscription when I saw I am now being charged 21.99 Euro/month
I already switched price tiers from the highest to the second highest bc it def wasn't worth as much and honestly I don't believe all 4 accounts were ever used at the same time anyways. The only downside is no 4k, which is annoying but also not that bad since there isn't much interesting stuff on netflix anymore anyways. Sooo, if they dare to increase prices again they can kiss my ass. If I really want to watch something I'll maybe activate it again for 4 weeks, but that's it.
During the pandemic, I paid for several streaming services (Netflix, Crunchyroll, HBO Max...)
With the return to work, there is no time to watch everything and with the high price, it does not justify keeping them...
Currently, I rotate between them, keeping only one subscribed at a time. When I finish watching the content I want, I cancel it and I go to another service, so I'm paying a maximum of 1 at a time (in addition to Prime, which I keep due to Amazon's free deliveries).
It could be interresting to Share familly subscriptions, each member paying for one service for every one.
This is exactly what I do. Prime is always there because of free shipping, but any other streaming service gets rotated. Keeping multiple going at the same time is way too 3xpensive. Especially when they release maybe one or two things a year I'd actually want to watch.
So basically people are treating and paying for the individual services the way Netflix originally intended to work, one subscription for everything.
But with extra steps
You’re just now returning to work? Tf? You must work at a pretty sjw mentally ill leftist company and your job must be pretty unimportant.
to address losing content, they could have gobbled up crunchyroll for peanuts and maybe a movie studio or 2 when the stock went ludacris.
In the past year, I saw fewer and fewer quality shows, which explains the declining content on Netflix.
I see fewer and fewer quality shows. And it isn't just me.
Their price increase is unmatched by the quality of their shows now.
I'm all for varieties of genres, as my list is all over the place.
But what Elon said hit it on the nose.
if they have Desperate Housewives it will save the company.
I remember being excited when those dvds came through the door and my family would all watch it together, now I sit next to my wife and it plays in the back ground while I watch this
Noticing that Netflix was losing movies that I found enjoyable was one of the things that pushed me to say “Physical media is King.”
The crypto and stocks is bleeding, the market can be very volatile.
The market of stocks volatility is outrageous, as the company always want infinite growth which is impossible.
Despite all the criticism towards Netflix, I can't see all the competition. Netflix stocks is being retarded.
That is why I find it hard investing in stocks, Netflix poor performance started since they went PC, they ignored the demands of worldwide viewers.
Netflix did it to themselves and I see Telsa on the same boat, as there is no actual competition you do whatever you want.
I think the comparison to the video game crash in the eighties is a very interesting one. There are sure quite some similarities!
For one that alot of really bad content flooded the market and it was really hard to determine what was a cash grab and what was quality. Thats why Nintendo made that quality seal in the early 90s
@@Arendvdvenk And made all the NES cartridges themselves and included a security chip (called the Rabbit Chip) in the NES that communicated with a chip in the cart and if the chip wasn't present the game wouldn't run.
I actually thought Hulu came before Netflix because I think I remember coming across it first online. The first time I came across Netflix I saw an advertisement for it online and thought it was one of those shady illegal websites that might scam me or give my computer a virus. Now I think it’s still better then the other streaming services and has a good selection of shows and films that are interesting to me.
All the streaming services have the same issues. After, three to four months you run out of things to watch. Then cancel one and move to another, after a year you may have had 4 to 5 streaming services. They will have to come together and create a Spotify model where each stream service gets revenue based on content being streamed. Only time will tell.
I think you are right. I'm in the UK and pissed that I can't watch Star Trek Discovery. Netflix made the series a success and their reward was a massive middle finger from CBS. I think that studios and rights holders should adopt the Fair, Reasonable and Non-Discriminatory (FRAND) licensing model. Basically, if, for example, Disney make a new movie or series, they HAVE to make it available for others to license at a fair and reasonable price. Maybe not straight away, let the creators get first showings, but soon enough.
How can I run out of a content, if I keep being shown 15 things, with tabs so big that a sealion could easily control it, and to get out of these loops to some reasonable list and filters is impossible.
You neeed a streaming standard platform. One subscription, various upgrades, all movies and TV series. It's ridiculous nowadays, that you have to subscribe a dozen streaming services to get what you want.
Hmmm
Intersting take
@@richardkbreuer That's what cable TV was in the 1980s and 90s, before HBO and Netflix.
Thank you for your content. Very well done.
Please make a part 2 of this, especially they keep on cancelling even good shows and already completed movies these days. Thanks.
Let's see what kind of dumbfuckery Netflix did recently:
1. Cancelling amazing, critically acclaimed, and beloved shows.
2. Greenlighting shit and terrible content no one asked for.
3. Cancelling many animation projects (because apparently the Boss Baby is the kind of animation they think "matters the most in terms of numbers")
4. Raising prices to an outrageously high amount, considering the competition.
5. Planning to add ads.
6. Launching live streaming for some odd reason.
7. Shows and movies got removed because of licensing problems.
8. Releasing Cuties.
I mean Jesus Christ that's a lot of mishaps in the span of short time. It's like there's a Blockbuster ex-employee who went up to Netflix's executive and initiate their revenge there. It's hilarious.
Ugh. I'd missed the news about the animation layoffs. I'm still mad they canceled BoJack. The show got a final season, but the creators have confirmed that it was canceled and they had more seasons in mind.
1. That happens with every network for various reasons.
2. That is so annoyingly vague.
3. Due to a management shake up. Projects get cancelled all the time, this isn't anything new.
4. Is it outrageous compared to the competition, because....no....it isn't. Again, you're just saying words here without backing it up.
5. Planning being the key word there. And it's not even that, it was in consideration.
6. LIve streaming? News to me.
7. Again, not specific to Netflix; blame the distributors.
8. Cuties wasn't made by Netflix.
@@Dribbleondo You're a friggin dipsh** that works for Netflix, no wonder it's going downhill fast.
@@Dribbleondo Lol what are you fucking doing here? Simping for a company?
1. "iT hApPeNs At OtHeR cOmPaNiEs" What's your fucking point? If it sucks it sucks, we don't give companies a break with our money because "other companies" do this, which also pisses people off at those companies and causes them to abandon them.
2. "So annoyingly vague", no people understand what this person is saying. You act like he's making some personal accusations against you rather than bringing up shared experiences many of the people watching this video can relate to.
3. Again, what's your point? What's with this weird excuse making for shit that sucks? The point of providing a service is to provide the service. If the customers feel as though you aren't providing said service, they will vote with their wallet.
4. "Without backing it up" Was this a personal essay to convince you of something?
5. "Planning is the key word here" What's your fucking point? Planning to do something stupid is doing something stupid in and of itself.
6. Irrelevant
7. Not dumbfuckery on netflix's part, agreed. But it's not helping them.
8. Fucking irrelevant. Netflix decided to air cuties, idiot.
@@Dribbleondo netflix let cuties be on its platform.
Main reason netflix failed in india was bcz of its inability to identify and pick up india specific shows whereas on other hand its main competitors amazon prime and disney are experiencing huge growth in india as they were better able to understand indian audience.
Most of the world dont give a damm thing about WOKE waste. That is a reason...
Also Disney plus and prime are yearly and Just much cheaper,200 rs per month per single person makes sense but they make a mobile only version in that price , that's shit,even in that i can't watch on tv or my laptop that i want of course i share a account
Blatant Hinduphobia was also a big factor.
@@hariniprasanna6211 The Woke factor that Musk was talking about?
@@DaChonkIsHere
Woke Factor destroyed whole of Bollywood too. Even Highest Grossing movies in India from past couple of years are of regional languages.
Part of me is relieved that this is happening. I thought streaming would kill the theatre market.
In terms of TV, it's getting despicable when a few season of a series is in one service, and the remaining in another.
What is the outro music, it's none of the songs listed?
The video store footage in this is both nostalgia and trauma In the mid-late 2000s I worked full time in a DVD rental store franchise open 365 days , im not afraid of hard work but it was most unexpected intense job I’ve ever had , under-staffed ,multi-tasking on minimum wage ,unpaid overtime was necessary to keep the store systems functioning. I don’t know if every store was same, management squeezed us to our limits
remember kids, unpaid overtime is never worth it.
_queeze Rabaun, squeeze_
@@rooseveltbrentwood9654 agreed, unpaid overtime devalues ourselves and just makes the rich richer
Unpaid overtime?!?! You’ve been a fool to have stayed!
They played you like a DVD 🤣
To quote Gabe Newell : "Piracy is almost always a service problem and not a pricing problem."
What a surprise, the best streaming service is Plex with torrents. Only way to get all the shows in one place.
After Netflix dies, old guard HBO, Disney, etc. will control video entertainment again. What's old will be new again.
@@sepg5084 This. Copyright owners always have the last laugh.
So true and you get content +subs/translations
vpn + torrenting is the way
Nop. The good one is pira te bay
I still have the dvd plan with no streaming. Not only is it a bit expensive, I've pretty much run out of stuff to get, it seems like there just aren't that many choices for dvd, what they have and I'm interested in I've seen and most of what they do have that I might be interested in is only available for streaming. I'm really not a fan of watching streaming movies.
There are to many choices there is also a lot of free service that offer great quality content. The reason people switch to streaming in the first place was because cable didn’t have any flexibility and you were stuck with packages that you didn’t really want. Now every network want to stream their own content which puts us right back to having to many subscriptions on to many platforms. A new problem that’s very similar to cable’s inability to be flexible so I’m out I’ll take the free content or trial offers that cost me nothing and I can jump from service to service and not commit.
We are 100% in a bubble, there are more choices now for streaming that if you wanted to watch everything it's more expensive than having a cable package. Its not worth it
This right here. Not to mention how sneaky some of it is (try for a week free 9.99/month after). I’ve fallen for that too many times
The Netflix business model was always flawed. When I worked there a decade ago, I urged them to think of themselves more like a cinema chain: be a distribution *service* for the Hollywood studios, hosting all their content and paying them a percentage based truthfully on how much of their content was being watched. Instead, management decided it was going to try to produce more content than the rest of Hollywood combined, and to finance it at a deficit on the assumption that eventually a time would come when everyone was 'locked in' to our service and then we could finally make a profit by raising prices and cutting back in content. Which is basically how the cable channels operated in the 1980s and 90s. Thing is, it is a lot easier for consumers to cancel an online streaming service and switch to another, so the bait-and-switch model of cable television doesn't work.
Well, they actually do both from before your time, so maybe you didn't understand their business. They do want to produce their own originals to not be beholden to outside studios only. They do however act as distributors for content. For example, what would happen if HBO/Disney made their own streaming platforms? Would they take it off of your platform? Management had the foresight to know the answer, as did anyone with 90 IQ. Netflix is a high growth, tech company thats how they ALL operate. Deficits are only bad if you have no idea what you're doing and don't have a plan to grow in order to pay it back. The company was posting new ATHs with their deficit so obviously, it was not an issue. All that matters was continuing to grow market share until other prominent services started competing for market share and took their content with them.
Yup... Now because of their idiocy, streaming service is a turn-off for me...
Them paying millions upon millions of dollars to poach mediocre C to A list “talent” is another problem! I’m sure that cuts into the already dismal business model they have/had.
But... They created some very beautiful art...
Plus most of their original content is so woke they gonna go broke!
Crazy i still remember waiting 2 days for the dvds to come in the mail like it was yesterday
7:48 What happened to that guys voice when he said "Drain"? Sounded like it got a lot deeper randomly.
Really impressed how good their logo has looked over the past 25 years
I had no idea they were around before the dvd shipping times. That clip of streaming a show on windows 95 / 98 surprised me... Granted some people had fast cable internet, but the vast majority were still on 33.6 and 56k dialup then, and streaming was impossible in a watchable quality larger than a postage stamp.
Netflix was incredible content-wise before HBO, Disney etc. understandably pulled all their best content from the platform.
Really was the best streaming catalog ever, and probably will be the best of all time as I don't see the streaming marketplace ever getting as small as it was in 2014-15 again.
Netflix didn't pull all their best, Disney made them do that, since all the movies are owned by Disney.
@@niweshlekhak9646 yes, that's what i said!
It was the big streaming platform and it could pay for Disney's IP's or to have the show Friends. Netflix will probably be the Apple II or the commodore 64 o this era, a golden standard but one that didn't last for that long
Sailing the high seas was what kept food on my table the past few months, I could still watch shows that I want to watch without paying for it and eating delicious food at the same time
They evolved quite well at first, from mailing dvds to people's homes, to a streaming service giant, but then they rested on their laurels, not realizing they created an entire new industry, and didn't own any of the ip they were distributing. They lost all the products people came to them for, and set all their money on fire trying to create new products that people largely don't want. They basically just showed Disney a new way for them to make money.
I been saying this for awhile. When Netflix first started it was great because they had DVDS. They never had a large online content but I did enjoy the option. Now everyone is asking for their content back to start their own stream subcription service. We are going back to regular TV with the amount of services we need to catch all our favorite shows
I feel like the first tell tale sign of Netflix's decline was when they removed the rating system and changed it into the thumbs up/down thing they have going on now. Wasnt a big one per se, but I remember that making the platform a lot more annoying to use.
Ah yes, but they had to remove it, so they can prove to us Amy Schumer is funny
Absolutely. Amazon took away their forums and replies to reviews and down buttons too, in the same sort of effort to make things supposedly better for the company by making it significantly less valuable to the actual consumer. Huge selfish mistakes. Now I have no way to trust that what I'm going to watch will be a good match for me. It just wastes my time and energy to keep giving things a try at random.
That was the first thing they did to stop people from seeing how bad the far left shows sucked.
I wrote a song to the music of an old song that I just heard “Born Free” from an ancient movie about lions. I call it “Ode to the Parasites: Banksters, Financiers, Fed leaders, and CCP cadres.” It is copyrighted, but these are some of its lyrics:
“Born thieves, for thieving is easy, to cheat, to lie, and to steal,
Born thieves, defrauding is fun, to lie, to cheat, and to steal,
To steal, just kill those who defy you,
Just bribe, to plunder, and rob,
No matter what crimes you commit,
You are free, with no prison walls around you,
No matter what crimes you commit,
Born thieves, your thieving is easy, you cheat, you lie, and you steal,
You creep, and slink to steal power,
Your money was free as the grass,
You are free, so your life is worth living,
Sucking the blood from your poorer brothers,
As you ruin the lives of the poor…”
It goes on ...
Gabe Newel from Valve once famously said "Piracy is a service problem" and he is 100% correct... we "cut the cable" to reduce costs but with the content we want to watch is spread over soo many platforms each with their own subscription fee its got to the point where Streaming is WORSE value than cable was...
it also hurts consumers when you start getting into a show that then suddenly moves to a different platform for any following seasons, a prime example is "Lucifer" the first 2 seasons are on Amazon Prime Video the last 3 seasons are on Netflix.., its practices like this that lead me and millions of others back to piracy
the bigger the barrier to entry the more likely people will look for the back door
I stopped using steam and almost all game platforms because of that, so many for every game. at least in xbox we have all in just one store, but the prices are bad. Is using the series X/PS5 or going pirate with the pc. is crazy having like 6 different launchers installed in my pc only for playing games. Also, steam have lost a lot of quality in the platform and users rights, that 2 hours refund policy is a scam.
Obviously who would pay all these platforms when u can download 4K content for free 😂
@@GauravSharma-dy8xv SEED!! SEED LIKE THERE'S NO TOMORROW!!
@@GauravSharma-dy8xv You're promoting theft buddy. Be an honest citizen for once
@@marilynlucas5128 i own premium membership of Disney+Hotstar myself. But there's only limited things u can do with finite money.
The biggest problem with online streaming now is that each platform prevents the others from streaming whatever they have so customers will have to come to their platform but by doing that people need to subscribe to a dozen different options just to watch the things they like, it's just infuriating I'd rather just buy the blueray or pirate.
Perfect recipe to increase piracy.
I was with Netflix since the beginning pretty much but the last few years ive only used minimally via a buddys account since i canceled. Its good every few months for a binge of a few new things but thats about it at least with the U.S. lineup, the uk version has a lot of stuff i absolutely got hooked on watching, but since i don't live there im not sure uk folks feel lol i do know they are missing some key uk shows i wish tgey had
I'm really getting sick of finishing a season of a series i really enjoyed and discover that It has been cancelled and i would never see the end of the story...
I cancelled my subscription back in '17 I believe. No matter what I did I couldn't get any show to stream in 4k unless I pirated it. Now, it seems like everybody wants their own streaming service, which completely defeats the purpose of having something like netflix where you could just get everything.
Netflix made me stop being a pirate.
Now I'm a pirate again.
Cutties made me cancel my subscription. 😂😂
Netflix needs to realize they are not a streaming service they are a movie studio, their focus on subscriber count instead of creativity and intriguing storytelling [in a Time where that is rare] is criminal
No, that's the worst way to position itself. It has to see itself as a tech company going beyong streaming. They have to think what's next. Streaking games? Comics? Maybe vr content? If they start acting like a movie studio, they'll fail like railroad companies who were myopic and only limited themselves to railroad rather than thinking themselves as a transportation company and going beyond.
They should also realize that it is more important what customer wants than what their propaganda dept. wants,and giving 10.000 shows in a system, and then give you a tool which let you find only 15, out of which 14 is crap, is not the way.
I so much want to see a Rise and Fall of Fox/Foxtel/Austar/Kayo/Binge etc video in the future.
:( when ever hearing a company in lose I relly feel sorry for lower level employees , small stock owners and pension funds :(